Ellington Financial Inc. (NYSE:EFC) Announces Monthly Dividend of $0.13

Ellington Financial Inc. (NYSE:EFC) declared a monthly dividend on Thursday, November 5th. Investors of record on Monday, November 30th will be paid a dividend of $0.13 per share by the financial services provider on Thursday, December 31st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date of this dividend is Monday, November 30th.

Ellington Financial has a payout ratio of 91.2% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Ellington Financial to earn $2.09 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 74.6%.

Ellington Financial Trading Down 1.8%

EFC opened at $11.28 on Friday. The firm has a market cap of $1.45 billion, a P/E ratio of 6.77 and a beta of 1.01. Ellington Financial has a 12 month low of $11.27 and a 12 month high of $14.12. The company has a current ratio of 52.06, a quick ratio of 52.06 and a debt-to-equity ratio of 10.39. The stock has a 50-day moving average of $12.21 and a 200 day moving average of $12.85.

Ellington Financial (NYSE:EFC) last issued its quarterly earnings data on Wednesday, November 4th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.02). The company had revenue of $117.72 million for the quarter, compared to analysts’ expectations of $125.83 million. Ellington Financial had a net margin of 41.95% and a return on equity of 16.12%. As a group, research analysts forecast that Ellington Financial will post 2.13 EPS for the current year.

Key Stories Impacting Ellington Financial

Here are the key news stories impacting Ellington Financial this week:

• Positive Sentiment: The company declared a monthly dividend of $0.13 per share, payable December 31 to holders of record November 30. That equals $1.56 annualized, or about a 13.6% yield at the cited share price, and may appeal to income-focused investors. Dividend announcement
• Positive Sentiment: JonesTrading cut its price target from $14.50 to $13.00 but maintained a Buy rating, implying 13.1% upside from $11.49. The lower target is a headwind, though the continued Buy stance is supportive. JonesTrading recommendations
• Neutral Sentiment: Ellington is looking to expand non-QM mortgage servicing through a recent acquisition. The reported strategic direction could create growth opportunities, but the article details provided do not quantify the expected impact. Non-QM servicing growth
• Negative Sentiment: Q3 results fell short of analyst expectations: earnings were reported at $0.45 per share versus a $0.47 consensus, while revenue of $117.72 million trailed the $125.83 million estimate. The earnings release also reported $0.31 of net income per common share. The misses may be contributing to pressure on the stock. Q3 2026 results

About Ellington Financial

Ellington Financial Inc is a real estate investment trust (REIT) that acquires, invests in and manages a portfolio of mortgage-related and other financial assets. The company focuses primarily on residential and commercial mortgage loans, mortgage-backed securities and related investments.

Its investment activities may include agency and non-agency residential mortgage-backed securities, commercial mortgage-backed securities, residential and commercial mortgage loans, mortgage servicing rights and consumer loans.